LAGOS, NIGERIA — The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has expressed optimism that the retail price of cooking gas could decline to between N900 and N1,100 per kilogram by the end of 2026 if the Federal Government implements key reforms aimed at boosting supply and reducing operational costs.
According to the association, improved policies that encourage domestic production, enhance distribution infrastructure, and reduce bottlenecks across the liquefied petroleum gas (LPG) value chain could significantly lower prices for consumers nationwide.
NALPGAM noted that cooking gas remains one of the most important sources of clean energy for millions of Nigerian households, but rising costs have made it increasingly difficult for many families to adopt and sustain its use.
The association explained that expanding access to locally produced LPG, improving storage facilities, reducing transportation costs, and creating a more business-friendly operating environment would help stabilize the market and drive down retail prices.
Industry stakeholders believe that increased investments in gas infrastructure and supportive government policies could boost supply levels while reducing dependence on expensive logistics and other cost factors that contribute to higher prices.
The projected reduction, if achieved, would provide much-needed relief to households and businesses struggling with the rising cost of living. Lower cooking gas prices could also encourage more Nigerians to switch from traditional fuels such as firewood and kerosene to cleaner energy alternatives.
NALPGAM urged the Federal Government to continue prioritizing policies that promote energy accessibility and affordability, emphasizing that sustained reforms are essential to unlocking the full potential of Nigeria’s LPG market.
As the country seeks to expand the adoption of cleaner cooking solutions, stakeholders say collaboration between government agencies, investors, producers, and marketers will be critical to achieving lower prices and ensuring a stable supply of cooking gas across the nation.
